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Monday, November 26, 2007

New oil refineries needed

A commentary in the Washington Times notes that

"A recent report shows the energy bill being negotiated between the House and the Senate would dramatically increase energy (including gasoline) prices. Economic research firm CRA International found that congressional proposals would more than double the cost of petroleum products — if you don't like oil at $100 per barrel you will really hate it at $200 per barrel."
Hmm.... The same thing can be said for Gov. Rendell's so-called Energy Independence Initiative. Under the guise of making energy more affordable, his hare-brained ideas will do the exact opposite!

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